106 STAT. 4260 PUBLIC LAW 102-564—OCT. 28, 1992 "(ii) outside peer review, if appropriate; " (iii) protection of proprietary information provided in proposals; "(iv) selection of awardees; "(v) retention by a small business concern of the rights to data generated by the concern in the performance of an SITR award for a period of not less than 4 years; "(vi) continued use by a small business concern, as a directed bailment, of any property transferred by a Federal agency to the small business concern in the second phase of the STTR program for a period of not less than 2 years, beginning on the initial date of the concern's participation in the third phase of such program; " (vii) cost sharing; "(viii) cost principles and payment schedules; and "(ix) 1-year awards for the first phase of an STTR program, generally not to exceed $100,000, and 2-year awards for the second phase of an STTR program, generally not to exceed $500,000, greater or lesser amounts to be awarded at the discretion of the awarding agency; "(C) minimizing regulatory burdens associated with participation in STrk programs; "(D) guidelines for a model agreement, to be used by all agencies, for allocating between small business concerns and research institutions intellectual property rights and rights, if any, to carry out follow-on researdi, development, or commercialization;
- (E) procedures to ensure that—-
- (i) a recipient of an STTR award is a small business concern, as defined in section 3 and the regulations promulgated thereimder; and
"(ii) such small business concern exercises management and control of the performance of the STTR funding agreement pursuant to a business plan providing for the commercialization of the technology that is the subject matter of the award; and "(F) procediu'es to ensure, to the extent practicable, that an agency which intends to pursue research, development, or production of a technology developed by a small business concern under an STTR program enters into follow-on, non-STTR funding agreements with the small business concern for such research, development, or production. ". Printing. (d) TIMING OF ISSUANCE OF POLICY DIRECTIVE.— The policy not^^ ^^ directive required by section 9(p) of the Small Business Act (as added by subsection (c) of this section) shall be published— (1) in proposed form (with an opportunity for public comment of not less than 30 days), not later than April 30, 1993; and (2) in final form, not later than July 31, 1993. 15 USC 638 (e) REPORT OF THE COMPTROLLER GENERAL.— Not later than note. March 31, 1996, the Comptroller General of the United States shall submit a report to the Congress and the head of each agen^r
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